Exit stage left — Eqonex to close crypto exchange after two years
The firm said it would also move its principal business and several people from management from Hong Kong to the United Kingdom.
Category Archives: Digital Asset
Reinventing yourself in the Metaverse through digital identity
Metaverse users can reinvent themselves with a digital identity built upon avatars and digital assets, but there are challenges to consider.
Survey shows 55% of crypto investors chose to HODL as Bitcoin and altcoin prices collapsed
Retail investors have been wary of buying the current BTC dip, but survey data shows that 55% of those already invested in crypto chose to HODL during the most recent volatility.
VTB sealed the first deal with digital financial assets in Russia
VTB Factoring acquires a tokenized debt pool of industrial companies via the Lighthouse blockchain.
Crisis in crypto lending shines light on industry vulnerabilities
Leading crypto lending firms and hedge funds have run into trouble due to the market turmoil but more so because of their unchecked reckless decision-making process.
Wire Network’s new protocol aims to end Web3 interoperability woes
The protocol promises to eliminate complexities seen with existing interoperability solutions and requires no bridges or oracles to integrate.
Crypto funds under management drop to a low not seen since July 2021
Outflows from digital asset funds reached $141 million last week, a figure not seen since July 2021.
Nifty News: OpenSea acquires Gem, and Chess.com makes a move into NFTs
OpenSea's NFT empire just got bigger with its latest acquisition, while virtual influencer Rae creates an NFT collection to advance girls' education, and online chess players can now turn memorable matches into NFTs with chess.com.
Wildlife conservation efforts turn to NFT-funded initiatives
Coorest and the PLCnetwork of the Southern Hemisphere believe that blockchain and NFT technology are a solution for protecting endangered wildlife and funding costly conservation areas.
Russian central bank needs to ease up digital asset projects, governor says
Elvira Nabiullina is concerned about the Bank of Russia not treating digital asset projects softly enough to attract funding and maintain the economy.
